The 'Reserve Bank of India' is headquartered in: MCQ with Answer and Explanation

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The 'Reserve Bank of India' is headquartered in:

A. New Delhi

B. Kolkata

C. Chennai

D. Mumbai

Answer: Option D

Solution (By JKSSB Mock Tests)

The RBI headquarters is in Mumbai.

This question belongs to: Economy GK Economy Set 1

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Question #1

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The 'Goods and Services Tax' on branded cereals is:

A. 12%

B. 0%

C. 5%

D. 18%

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Correct Answer: Option C

Explanation:
Branded cereals attract 5% GST, while unbranded are exempt.

This question belongs to: Economy GK Economy Set 1

Question #2

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The Lead Bank Scheme was introduced in 1969 based on the recommendations of:

A. Gadgil Study Group

B. Rangarajan Committee

C. Kelkar Committee

D. Narasimham Committee

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Correct Answer: Option A

Explanation:
The Lead Bank Scheme was introduced on the recommendation of the Gadgil Study Group.

This question belongs to: Economy GK Economy Set 1

Question #3

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The 'Goods and Services Tax' Council chairperson is:

A. RBI Governor

B. President

C. Union Finance Minister

D. Prime Minister

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Correct Answer: Option C

Explanation:
GST Council is chaired by the Union Finance Minister.

This question belongs to: Economy GK Economy Set 1

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